The stock market has plummeted, erasing hundreds of billions of dollars in household wealth in the span of weeks. War in Ukraine is a distinct possibility and not merely a worst-case scenario. Stakes as high as these tend to concentrate the mind. As a result, the ongoing and seemingly endless debates about “wokeness”—for want of a better term for the way a powerful sliver of the left discusses race and identity—seem odd and even unimportant.
